ARH 0.00% 0.5¢ australasian resources limited

this week yes or no, page-8

  1. 299 Posts.
    Angry,

    According to a statement Hedley made to miningnews.net ARH cannot re-list until they can demonstrate they have 12 months working capital.

    Given they have recently borrowed $5 million from Palmer to pay the rent, wages etc they will need to secure additional short term funding for this to happen.

    I wonder how long the $5 million will last?



 
watchlist Created with Sketch. Add ARH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.